Brevan Howard Adds Morgan Stanley Trader And May Get Another

Jun 3 2008 | 2:00am ET

A Morgan Stanley proprietary trader has joined Brevan Howard Asset Management, and the London-based hedge fund is in talks with his boss.

Shikhar Ranjan has already agreed to join the US$21 billion firm, reports. He, his boss Mike Pohly and colleague Jared Epstein have left Morgan Stanley, reportedly among 1,500 layoffs firm-wide layoffs. Pohly is now in discussions about joining Brevan Howard, but no agreement has yet been struck, TheStreet says.

Pohly’s group is not thought to be responsible for the billions in losses that Morgan prop desks have suffered recently.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…